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Rancho Santiago Community College, Calif., defeases $216.13 million of series 2003A, B G.O.s
By Tali David
Minneapolis, March 26 - Rancho Santiago Community College District, Calif., defeased $96,125,000 of its series 2003A and $119,999,867.25 of its series B general obligation bonds, election of 2002, according to two releases.
The series 2003A bonds, which are due Sept. 1, 2014 and 2027, will be redeemed at par plus accrued interest on Sept. 1, 2013.
The series B bonds, which are due Sept. 1, 2017 through 2027, will be redeemed at par plus accrued interest on Sept. 1, 2015.
Wells Fargo Bank, NA is the escrow agent.
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